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This blog is hosted by Dilip Ratha, lead economist at the World Bank. Its goal is to leverage migration and remittances for development.
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Inflow of Remittance in Bangladesh
I have been developing the Remittance Network through the Banks/NGO's/Mobile Operators and taking the service to the doorstep of the receipent in the rural areas of Bangladesh.I have started this from June 2005 and I have worked very hard for it and I am getting the result as I see people are sending money through official channels and they are turning their back to "Hundi".
As Remittance has increased year by year that is due to the sender who previously use to send through unofficial channel is sending through official channel this is possible due to the awareness/advertisement/road shows, print & electronic media,NGO's, Mobile Operators & Private & Govt.Banks initiative.
As I can tell you all that by 2015 Bangladesh Remittance Market will reach to 25 billion US Dollar through official channel.
Regards
Shafiul Azam